PEB - Pacific Edge Ltd

[Mista_Trix]

PSAR says buy if $1.20 is cracked. (Good call BC!). Nice bounce off $1.00 on very oversold levels outside bollinger bands. Barring another tanking of US indexes, buy signals should start firing soon.

Only 2 of the last 5 of the moves from PSAR (since the sky-rocket) have accurately predicted an upswing though, the rest have misfired on a sideways and down.
Mind you MACD, OBV and RSI also looking good.

[skid]

Ive been trying to get to the bottom of what has caused the Biotec correction in the first place--I think the biggest cause of the revaluation
is the fear that Obamacare will put a cap on some of the healthcare sector prices.
Apparently a large company Gilead sciences created a new hepatitis c drug that was good but perceived to be ridiculously overpriced so the Gov. decided to investigate which on top of the basic fear about Obamacare started the slide.
Your article supports the Obamacare thing although as you say ,it may be good for PEB as a company (as long as it doesnt spook the market in general to much)

[SirPrize]

Written at 7.12am.... Wow.

Well what can I say... I applied myself.

[AndyLP]

Yeah that's an interesting point skid.
Ideally I'd like to see a flow of investment money from those that will struggle to those that might prosper within the new framework.

[skid]

And of course theres the Janet Yellen factor--I saw an article showing how the Dow went up and down in response to each sentence she said in her address-Sheesh! Could be painful if she has a bad hair day!

[Bobcat.]

I'm out with a tidy profit (praise-G), and happy to leave some there for the rest of ya'.

120 is now providing the anticipated resistance...for now at least. Last night's 1% rise in the NASDAQ has not gone unnoticed.

Onto the next opportunity.

BC

[Roberto]

Oh poem time is it? I got one.

I froze your tears, and made a dagger
And stabbed it in my cock, forever
It stays there like Excalibur
Are you my Xero?
Say you are.

Classic Brent!

[golden city]

i am seeing potential crack back to 1.30

[youngatheart]

I'm guessing that would be BRL then Bobcat ?

[Bobcat.]

I'm guessing that would be BRL then Bobcat ?

Depends on how it fairs on the asx. Looking for a higher low by end of day.

Best discussed further on the other thread.